Gold Sees Positive Close at $2,047.90 as Bond Yields Decline – Fed Expected to Consider Interest Rate Cut
Gold futures ended on a positive note on Wednesday (Dec. 6), bolstered by a decline in US bond yields and the anticipation of a potential interest rate cut by the US Federal Reserve (Fed) in the first quarter of 2024. Gold futures registered an uptick of $11.60, marking a 0.57% increase, settling at $2,047.90 per …